Nokia Oyj (HEL:NOKIA) has been given a €5.70 ($6.33) target price by research analysts at Morgan Stanley in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the stock.

A number of other equities analysts also recently issued reports on NOKIA. Citigroup Inc. set a €6.00 ($6.67) price objective on shares of Nokia Oyj and gave the stock a “neutral” rating in a report on Friday, June 9th. Nord/LB set a €6.00 ($6.67) price objective on shares of Nokia Oyj and gave the stock a “neutral” rating in a report on Monday, May 29th. Kepler Capital Markets set a €6.30 ($7.00) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a report on Thursday, June 1st. J P Morgan Chase & Co set a €6.50 ($7.22) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a report on Thursday, June 1st. Finally, Barclays PLC set a €6.50 ($7.22) price objective on shares of Nokia Oyj and gave the stock a “buy” rating in a report on Friday, June 9th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Nokia Oyj currently has a consensus rating of “Buy” and an average price target of €5.87 ($6.52).

Analyst Recommendations for Nokia Oyj (HEL:NOKIA)

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Nokia Oyj Company Profile

Nokia Corporation is engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company’s businesses include Nokia Networks and Nokia Technologies. The Company’s segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

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